De Facto Corporation and Corporation by Estoppel: Legal Doctrines for Corporate Formation
De Facto Corporation and Corporation by Estoppel: Legal Doctrines for Corporate Formation De Facto Corporation and Corporation by Estoppel: Legal Doctrines for Corporate Formation. Corporate law provides clear guidelines for the formation and recognition of corporations. However, situations arise where a business entity functions as a corporation despite procedural defects in its incorporation. Two doctrines that address these scenarios are the de facto corporation and the corporation by estoppel. Both doctrines aim to balance the Read more